Ring Energy, Inc. (REI) Earnings History
Annual and quarterly earnings data from 2006 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 44.7% | 36.3% | 18.4% |
| 2023 | 48.9% | 40.4% | 29.0% |
| 2022 | 63.3% | 55.2% | 39.9% |
| 2021 | 57.3% | 48.8% | 1.7% |
| 2020 | 24.6% | -237.7% | -224.2% |
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Ring Energy, Inc. (REI) Earnings Overview
As of March 1, 2026, Ring Energy, Inc. (REI) reported trailing twelve-month net income of -$16M, reflecting -0.4% year-over-year growth. The company earned $-0.08 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, REI's 5-year EPS compound annual growth rate (CAGR) stands at -5.0%, signaling declining earnings. The company achieved its highest annual net income of $139M in fiscal 2022.
Ring Energy, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to industry peers including CRC ($384M net income, 0.1% margin), CRGY ($133M net income, 0.0% margin), MNR ($292M net income, 0.2% margin), REI has outperformed on profitability metrics. Compare REI vs CRC →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $67M | -35.7% | $133M | $0.34 | 18.4% | 36.3% |
| 2023 | $105M | -24.4% | $146M | $0.54 | 29.0% | 40.4% |
| 2022 | $139M | +4072.1% | $192M | $0.98 | 39.9% | 55.2% |
| 2021 | $3M | +101.3% | $96M | $0.03 | 1.7% | 48.8% |
| 2020 | -$253M | -959.1% | -$269M | $-3.48 | -224.2% | -237.7% |
| 2019 | $29M | +227.7% | $60M | $0.44 | 15.1% | 30.7% |
| 2018 | $9M | +413.1% | $20M | $0.15 | 7.5% | 16.6% |
| 2017 | $2M | +104.7% | $16M | $0.03 | 2.6% | 23.9% |
| 2016 | -$38M | -315.8% | -$57M | $-0.97 | -122.0% | -184.9% |
| 2015 | -$9M | -207.5% | -$13M | $-0.32 | -29.2% | -42.9% |
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Start ComparisonFrequently Asked Questions
Is REI growing earnings?
REI EPS of $-0.08 reflects slowing growth at -0.4%, below the 5-year CAGR of -5.0%. TTM net income is $-16M. Expansion rate has moderated.
What are REI's profit margins?
Ring Energy, Inc. net margin is +0.2%, with operating margin at +0.4%. Below-average margins reflect competitive or cost pressures.
How consistent are REI's earnings?
REI earnings data spans 2006-2024. The current earnings trend is -0.4% YoY. Historical data enables comparison across business cycles.